Papa Johns International, Inc. (NASDAQ:PZZA) Receives $58.82 Consensus Target Price from Analysts

by · The Cerbat Gem

Shares of Papa Johns International, Inc. (NASDAQ:PZZA – Get Free Report) have received an average rating of “Moderate Buy” from the thirteen analysts that are covering the stock, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $58.82.

Several research firms recently weighed in on PZZA. Bank of America cut their price objective on Papa Johns International from $78.00 to $69.00 and set a “buy” rating for the company in a research report on Wednesday, July 17th. Piper Sandler cut their price target on Papa Johns International from $61.00 to $50.00 and set a “neutral” rating for the company in a report on Friday, August 9th. Wedbush reaffirmed an “outperform” rating and issued a $51.00 price target on shares of Papa Johns International in a report on Friday, August 23rd. BMO Capital Markets cut their price target on Papa Johns International from $75.00 to $65.00 and set an “outperform” rating for the company in a report on Friday, August 9th. Finally, UBS Group cut their price target on Papa Johns International from $58.00 to $47.00 and set a “neutral” rating for the company in a report on Friday, August 9th.

View Our Latest Analysis on PZZA

Papa Johns International Stock Performance

NASDAQ PZZA opened at $48.24 on Friday. Papa Johns International has a twelve month low of $39.90 and a twelve month high of $78.67. The stock has a market capitalization of $1.59 billion, a PE ratio of 21.44, a P/E/G ratio of 3.23 and a beta of 1.20. The stock has a 50-day simple moving average of $48.14 and a 200 day simple moving average of $50.86.

Papa Johns International (NASDAQ:PZZA – Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.08. Papa Johns International had a negative return on equity of 19.85% and a net margin of 3.25%. The business had revenue of $507.89 million during the quarter, compared to analysts’ expectations of $520.13 million. During the same quarter in the previous year, the firm earned $0.59 EPS. The firm’s revenue was down 1.3% compared to the same quarter last year. As a group, equities research analysts forecast that Papa Johns International will post 2.27 EPS for the current fiscal year.

Papa Johns International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Monday, August 19th were paid a $0.46 dividend. The ex-dividend date was Monday, August 19th. This represents a $1.84 annualized dividend and a dividend yield of 3.81%. Papa Johns International’s dividend payout ratio is currently 81.78%.

Institutional Investors Weigh In On Papa Johns International

Several large investors have recently modified their holdings of the stock. KBC Group NV grew its position in Papa Johns International by 8.0% during the 4th quarter. KBC Group NV now owns 5,714 shares of the company’s stock worth $436,000 after acquiring an additional 424 shares during the last quarter. Westwood Holdings Group Inc. grew its position in Papa Johns International by 6.4% during the 4th quarter. Westwood Holdings Group Inc. now owns 922,911 shares of the company’s stock worth $70,354,000 after acquiring an additional 55,227 shares during the last quarter. Sei Investments Co. grew its position in Papa Johns International by 35.3% during the 4th quarter. Sei Investments Co. now owns 889,918 shares of the company’s stock worth $67,838,000 after acquiring an additional 232,177 shares during the last quarter. Nebula Research & Development LLC bought a new stake in Papa Johns International during the 4th quarter worth approximately $1,047,000. Finally, Congress Asset Management Co. MA grew its position in Papa Johns International by 30.3% during the 4th quarter. Congress Asset Management Co. MA now owns 51,750 shares of the company’s stock worth $3,945,000 after acquiring an additional 12,037 shares during the last quarter.

Papa Johns International Company Profile

(Get Free Report

Papa John’s International, Inc operates and franchises pizza delivery and carryout restaurants under the Papa John’s trademark in the United States and internationally. The company operates through four segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations.

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